Hyperliquid
✓ CONFIRMED
LATEST UPDATE
Portfolio margin pre-alpha live. Supply USDC on the Earn page and use HYPE as collateral. 428M unclaimed HYPE tokens remain in the rewards wallet.What is Hyperliquid?
Purpose-built L1 for high-performance DeFi with an on-chain orderbook perp exchange running at CEX speed. Season 1 Genesis Event complete — HYPE distributed. The critical stat: 428 million unclaimed HYPE tokens remain in the community rewards wallet. Season 2 is the current play, with 38.888% of total supply reserved for future emissions.
Airdrop parameters
END DATE
Ongoing
ALLOCATION
38.888% total for future emissions/community
METHOD
Trading volume, points, staking HYPE, liquidity/copy-trading/consistency
TGE
Season 1 done — Season 2 ongoing
CHAIN
Multi-chain
How to farm
01
Connect your wallet
Visit app.hyperliquid.xyz and connect a compatible self-custodial wallet.
02
Trade spot and perpetuals
Perps are the primary signal — build consistent daily volume. Also trade spot: focus on HYPE, PURR, HFUN, and CATBAL from the strict list for max eligibility.
03
Stake HYPE
Navigate to Staking, transfer to your staking balance, and select a validator (HypurrCollective recommended). Earns HYPE inflation + USDC from trading fees.
04
Provide liquidity via HLP
Add to Hyperliquid's liquidity vault to earn protocol fees. Note the 4-day lock period before depositing.
05
Explore HyperEVM apps
Bridge 5+ HYPE to HyperEVM and interact with HyperSwap, HyperBeat, HyperLend, and Hyperliquid Names. Use hyperevm.farm to optimize strategy. A Hypurr NFT is speculated as a potential round 2 eligibility signal.
06
Use the referral program and Earn page
Referrals earn a percentage of trading fees indefinitely. Supply USDC on the Earn page for yield and enable Portfolio Margin to use HYPE as collateral.